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And Ephron answered Abraham, saying to him, "My lord, listen to me; The land is worth four hundred shekels of silver. What is that between you and me?  So bury your dead."   And Abraham listened to Ephron; and Abraham weighed out the silver for Ephron which he had named in the hearing of the sons of Heth, four hundred shekels of silver, currency of the merchants.  Genesis 23:14-16

Throughout human history, money was HARD - meaning it had real value measured by it's weight as precious metal.

1. It is lawful for Christians to trade with unbelievers, since private property is a basic right of all men.  Abraham did not refuse to purchase land from the Canaanites.  He even made treaties with his nearest neighbors.  Indeed, the Bible assumes from cover to cover the rights of private property and free trade.  Some fools will make the case from the Book of Acts for "Christian communism".  But apostolic Christians did not form communal structures - they voluntarily sold their private property from time to time to meet the specific needs of the brothers.  (Acts 4:34&35) Even in the case of Ananias and Sapphira, Peter makes the absolute individual right of ownership clear:  Before you sold the land, it belonged to you. And even after you sold it, you could have used the money any way you wanted.  (Acts 5:4a) 2. Inflation is evil because it destroys the value of real property.  Unlike our modern economies built on credit and paper "money", the world has normally functioned using precious metals for exchange.  Ephron and Abraham had no difficulty agreeing on the true value of a parcel of land.  And Abraham's coin could be weighed to find its value.  He did not make paper transactions.  Biblical law assumes stable prices - a result of hard currency.  An homer of barley seed shall be valued at fifty shekels of silver. (Leviticus 27:16) SCRIPTURES ON ECONOMICS TO CONSIDER: God's Low-rate "Flat Taxes": The rich are not to give more than a half shekel and the poor are not to give less when you make the offering to the LORD to atone for your lives.  (Exodus 30:15) Citizens pay 2% - soldiers only .2% !!!  (Numbers 31:28-30) Tax Collectors linked with pagans and sinners: Matthew 5:46, 9:9,10,11, 11:19, 18:17, Mark 2:15,  Luke 3:12&13, etc.        Back to the Armed CONVENTICLE

SUMMARY  OF THE  ROAD TO  SERFDOM BY  HAYEK

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